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Doha Qatar

Feb 22, 2020, 04.21 PM IST



Creditors swoop on Indian tycoons’ Rolls Royce, island mansion

The moves come as India is battling $130 bn of bad debt that has sparked bankruptcies at some companies.

Jaishankar holds talks with Qatar's deputy PM, discusses regional situation

Minister of External Affairs Dr. S Jaishankar held talks with Qat...

Adani Transmission plans to raise $1 billion via bond sale

The bond float that was initially planned before March is getting pushed behind as...

  • The total QIA investment in AEML is approximately Rs 3,220 crore, which includes equity consideration of approximately Rs 1,210 crore and shareholder subordinated debt of approximately Rs 2,010 crore. Shares of Adani Transmission were trading at Rs 333.95 apiece on BSE, up 0.6 per cent from previous close.

    Most cases involve corporate loans taken by Dubai or Abu Dhabi-based arms of Indian firms.

    India imports 8.5 million tonnes per annum of LNG from Qatar under two long-term contracts with a rate linked to crude oil prices.

    Byju’s, which was valued at $8 billion after Tiger Global’s investment, did not reveal the exact amount invested by General Atlantic, but sources briefed on the matter indicated that the marquee private equity firm had pumped in a similar amount to that of the New York-based investor.

    India may seek to reopen the pricing of its long-term LNG import contract with Qatar to reflect falling rates of the spot or current market, Oil Minister Dharmendra Pradhan said on Thursday.

    A patented product of the airline, Qsuite offers passengers private cabins for up to four people and the seats can be converted into a double bed. In the release issued on Wednesday, the carrier said it would launch Qsuite Business Class seat product on its non-stop flight between New Delhi and Doha this month. It would be available on the new A350-900 aircraft.

    India's Oil Minister Dharmendra Pradhan addressed a gathering of oil company official on Monday and said India needs to look into the pricing mechanism of existing long term gas supply contracts with Qatar.

    IndiGo will commence operations on the Kolkata-Dubai route from February 16, while the services to Doha from the capital city of West Bengal will begin from March 1, the airline said in a release.

    A consortium of Indian banks, led by State Bank of India, are likely to be among those claimants as they pursue a separate bankruptcy order against Mallya over unpaid loans related to his now-defunct Kingfisher Airlines. Mallya, meanwhile, remains on bail on a warrant executed by Scotland Yard in April 2017 pending a High Court appeal next month against him.

    Maharashtra's Savitribai Phule Pune Universit(STPU) and Qatar's Milestone International Education signed an MoU enabling the University to set up its campus in Doha

    It was felt that India, who will also have the experience of hosting the FIFA Women's Under-17 World Cup later this year, was best placed among the three bidders - Chinese Taipei and Uzbekistan were the other competing candidates - to maximise the promotion of the women's game.

    At the valedictory session of the event, he said Rs 32008 crore proposals were received at the event from 138 projects. Besides, Kerala infrastructure Fund Management Ltd. and Abu Dhabi investment Authority have also promised huge investment. The former has signed for one project but have earmarked Rs 8110 crore for six projects.

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